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12 Pricing Strategies Every eCommerce Business Owner Should Have Known

12 Pricing Strategies Every eCommerce Business Owner Should Have Known

by lila | Aug 29, 2019 | Business Finance, eCommerce

To boost your profit while impacting customers’ decisions, there’s essentially an art and science behind pricing. Explore the first 6 pricing strategies in this article.

Why Keeping Track of COGS Is Painful for Shopify Stores

Why Keeping Track of COGS Is Painful for Shopify Stores

by lila | Feb 14, 2019 | Business Finance

Tracking Cost of Goods Sold (COSG) is important to any eCommerce business. But why on earth is it so frustrating? Understand the problem and how it can be solved.

Choosing Shopify Profit Tracking App 101: 5 Problems to Beware

Choosing Shopify Profit Tracking App 101: 5 Problems to Beware

by lila | Jan 18, 2019 | Business Finance

Not every Shopify app does what they claim: Top things to aware as you’re picking the right app to track your costs and profit.

How to Calculate Profit for a Dropshipping Business (Shopify & AliExpress based)

How to Calculate Profit for a Dropshipping Business (Shopify & AliExpress based)

by lila | Jan 10, 2019 | Business Finance

How to manually calculate profit and where you could gather all the cost data. Everything considered: COGS, shipping, ad spend, transaction fee, etc.

Revenue vs. Profit: How Focusing on Revenue Can Harm Your Dropshipping Business

Revenue vs. Profit: How Focusing on Revenue Can Harm Your Dropshipping Business

by lila | Jan 8, 2019 | Business Finance, eCommerce, Metrics

You can make a million but still be in debt. Too much focus on revenue while being unaware of your true profit can be dangerous for your eCommerce business.

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